Most homeowners insurance or renters insurance policies have a limit on how much they will pay for any single item. While this is fine for most collections, it can mean you won’t get the full amount for expensive items such as jewelry or artwork. That’s where valuable collections insurance comes in.
A valuable collections insurance policy has other benefits, in addition to making sure you are adequately covered. Valuable collections policies may also have the option of covering accidental damage to expensive items like jewelry or artwork-something that isn’t always on option with homeowners insurance. It is important to obtain regular valuations and keeping your policy up-to-date to reflect these figures.
Not sure if valuable collections insurance is for you? Contact us and we will help you decide if this coverage is a good fit.